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5 (Cheap) Stocks to Buy Now for the Long Run

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5 (Cheap) Stocks to Buy Now for the Long Run
Retail, technology, and materials companies with growth potential
By Katy Marquardt

Stocks across the board are looking pretty cheap these days, but that doesn't mean they're all bargains. Rafael Resendes, co-manager of the Toreador Large Cap Fund in Fresno, Calif., explains the difference: "A lot of things appear to be on sale, but we don't naively say a stock has value because it has a low PE [price-earnings ratio].

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